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Authorized & Common hires head of actual property capital elevating

Authorized & Common Funding Administration (LGIM) has employed Abrdn’s Neil Meikle to spice up its non-public property experience.

Meikle was beforehand international head of actual asset and personal credit score funding specialists at Abrdn.

He has been appointed to the newly-created function of head of actual property capital elevating at LGIM, in line with Citywire.

Learn extra: BlackRock hires international co-heads of actual property

“LGIM has a transparent intention to proceed to take its market-leading capabilities and sustained observe document throughout the actual property sector to shoppers, globally,” an LGIM spokesperson informed Citywire.

“Neil will likely be reporting into our head of gross sales, Christy Lindsay; actively fundraising the platform’s present merchandise, supporting future actual property options and methods, and taking part in a key function within the growth of Authorized & Common’s general non-public markets providing.”

Learn extra: Federated Hermes expands actual property group with new rent

LGIM has been clear about its plans to develop its non-public property enterprise. In January, it submitted a regulatory utility to launch a non-public property fund for outlined contribution pension traders.

Learn extra: $500bn alternative for industrial actual property non-public debt

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